Rajasthan Receives Rs.11.48 Bn Approval for MSME Program

20 Mar 2024 CW Team

The Indian government has approved an allocation of ?11.48 billion for Rajasthan as part of its Micro, Small, and Medium Enterprises (MSME) program. This significant financial support aims to bolster the state's MSME sector, fostering entrepreneurship, job creation, and economic development across Rajasthan.

The approval of ?11.48 billion underscores the government's commitment to empowering MSMEs and driving inclusive growth in Rajasthan. This funding injection will provide much-needed capital infusion to MSMEs, enabling them to expand their operations, upgrade technology, and enhance competitiveness in domestic and international markets.

Rajasthan's MSME sector plays a crucial role in the state's economy, contributing significantly to employment generation, industrial output, and overall socio-economic development. The infusion of funds under the MSME program is expected to catalyse further growth and innovation within this vital sector.

Moreover, the financial support from the central government will enable Rajasthan's MSMEs to overcome challenges posed by the COVID-19 pandemic and emerge stronger in the post-pandemic recovery phase. It will also facilitate the integration of MSMEs into global value chains, enhancing their capacity to export goods and services.

The approval for Rajasthan under the MSME program reflects the government's recognition of the sector's importance as a driver of economic growth and employment. By providing targeted financial assistance, the government aims to create an enabling environment for MSMEs to thrive and contribute to the state's prosperity.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..